UC

U.S. Commodity Futures Trading Commission

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Commodity Futures Trading Commission (CFTC) Research Report



Company Overview



  • Name: Commodity Futures Trading Commission (CFTC)

  • Mission of the Company: The mission of the CFTC is to promote the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation.

  • Vision Statement: To be the global standard for sound derivatives regulation.

  • Core Values:

  • Commitment: Bringing our best to work every day and holding ourselves to the highest professional standards.

  • Forward-thinking: Challenging ourselves to stay ahead of the curve.

  • Teamwork: Valuing diverse skill sets and backgrounds to achieve our mission.

  • Clarity: Providing transparency to market participants about our rules and processes.

  • Founded: Established in 1974 with the enactment of the Commodity Futures Trading Commission Act.

  • Key People:

  • Chairman Rostin Behnam

  • Commissioner Kristin N. Johnson

  • Commissioner Christy Goldsmith Romero

  • Commissioner Summer K. Mersinger

  • Commissioner Caroline D. Pham

  • Headquarters: 1155 21st Street, NW, Washington, DC 20581

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: Regulating U.S. derivatives markets, including futures, swaps, and some options contracts.


Products



  • Products Offered: CFTC does not offer commercial products but provides regulatory oversight, enforcement, and guidance for U.S. derivatives markets.

  • High-Level Description of Services:

  • Market Oversight: Fosters open, transparent, fair, competitive, and secure markets.

  • Clearing and Risk: Oversees derivatives clearing organizations and other entities involved in the derivatives clearing process.

  • Enforcement: Investigates and prosecutes violations in derivatives and swaps markets.

  • Key Features of Services:

  • Support and advice through the Office of the Chief Economist to ensure sound regulations.

  • Education initiatives through the Office of Customer Education and Outreach to help protect market participants.

  • Innovation and technological advancement advocacy through the Office of Technology Innovation.


Recent Developments



  • Recent Developments:

  • The CFTC has announced several civil actions and enforcement orders related to fraud in derivatives and associated markets.

  • The Commission is actively involved in discussions on integrating new technologies, such as AI, into market regulations.

  • New Products Launched: No information is available.

  • New Features Added to Existing Products: No information is available about product features, but advisories have been issued on the use of AI and technological standards.

  • New Partnerships: The CFTC continues international collaborations and policy alignments through the Office of International Affairs to address global regulatory harmonization.


Summary



This report provides an overview of the CFTC's role and impact in regulating the U.S. derivatives markets, emphasizing its recent enforcement actions and commitment to incorporating advanced technology in its oversight functions. The CFTC continues to play a crucial role in maintaining the integrity and transparency of U.S. financial markets through a robust framework of regulations, international cooperation, and adaptive strategies in response to evolving market dynamics.